doesn't look good for monday or tuesday.
it would not be smart to go long. not yet.
we are at 2017 levels on spy . there is no way anyone can tell me we are in a bull market.
times like this require courage to stick to your judgement and not let the market play you.
many people thought after a 3% down day that we will have a relief rally. which is the reason...
Me applying the wyckoff distribution phases to spy.
Below is a description of everything on the chart. I know it is a lot but it is well worth reading. the mind is a terrible thing to waste.
Please check related ideas link for more information into wyckoff and this distribution phase.
THIS IS BASED OF THE WYCKOFF DISTRIBUTION PHASES.
Phase A: Phase A in a...
dojo or doji?
i was surprised to see a perfect doji candle on spy for today so i went back to see how often it happened in the last year. only twice before today.
10/2/18 was the first date. it was pretty much the last days the bulls ever seen sunshine until jan.
5/8/19 was the second date. market received crushing tariff news and the panic was in the...
10/2 - 10/11 we had a sell off. a small bounce back before a bigger sell off that ended on 10/29. followed by a huge rally. this rally ended on 11/7 and preceded with a sell of for the next 3 weeks.
from 5/1 - 5/14 we had a sell of. a small bounce back before a bigger sell of that ended on 6/4. followed by a huge rally. this rally ended...